On 1-1-2021, Quinn Corporation (lessor) agrees to rent machinery to the Silexx Company (lessee). It is a six (6) year noncancelable lease requiring Silexx to pay Quinn $100,000 every 12-31 during the lease period (i.e., 2021-2026). The machinery has an estimated economic life of 6 years with an expected residual value of $0 at the end of that time (i.e., 12-31-2026). The lessor's implicit rate is 8% per year; this rate is known to the lessee. This is a finance lease for Silexx, lessee. What would be the Lease Liability (i.e., current portion and the noncurrent portion) reported on Silexx's 12-31-2021 balance sheet as a result of the lease ?

Group of answer choices

379,079

342,618

360,478

421,236

385,240

409,777

399,271

362,938